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Poverty and income inequality remain a stubborn challenge in Asia and the Pacific despite the region's rapid economic … expansion in previous decades, which lifted millions out of poverty. Financial inclusion is often considered as a critical … between financial inclusion, poverty, and income inequality at the country level will help policymakers design and implement …
Persistent link: https://www.econbiz.de/10010507428
inclusion on poverty and income inequality. The results provide evidence that high- and middle-high-income economies with high … financial inclusion have significantly lower poverty, while no such relation exists for middle-low and low-income economies. The … nonlinearities in the cross-country determinants and impacts of financial inclusion on poverty and income inequality across income …
Persistent link: https://www.econbiz.de/10012064701
Financial inclusion is a key element of social inclusion, particularly useful in combat-ing poverty and income … investigate the impact of financial inclusion on reducing poverty and income inequality, and the determinants and conditional … robust evidence that financial inclusion significantly reduces poverty rates and income inequality in developing countries …
Persistent link: https://www.econbiz.de/10013288314
results indicate that effective financial inclusion and all four related dimensions lower poverty. Improved access and fintech … financial inclusion in achieving poverty reduction. …
Persistent link: https://www.econbiz.de/10012807468
In this paper, we build a heterogeneous agents-dynamic general equilibrium model wherein saving constraints interact with credit constraints. Saving constraints in the form of fixed costs to use the financial system lead households to seek informal saving instruments (cash) and result in lower...
Persistent link: https://www.econbiz.de/10011786426
Persistent link: https://www.econbiz.de/10011956950
This paper provides compelling evidence that equity market liberalization, the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality through increasing the accumulation of human capital. We examine the impact...
Persistent link: https://www.econbiz.de/10010308721
possibility of reducing inequality and poverty through equity market liberalization. …
Persistent link: https://www.econbiz.de/10010311850
The purpose of this study is to analyze the effect of access to different financial products in reducing income inequalities between men and women working in the informal sector in Cameroon. To this end, we use the World Bank database World Bank Global Financial Inclusion (Global Findex) dataset...
Persistent link: https://www.econbiz.de/10013366738
Despite the momentous rise in ICT diffusion, and financial development in sub-Saharan Africa (SSA), their plausible joint effect on inclusive growth have not been explored, leaving a lacuna in the literature. This study, therefore, examines the direct and indirect effects of ICT diffusion on...
Persistent link: https://www.econbiz.de/10012808066